Can I retire at age 30 with 660,000?

Use the below retirement simulation to view the chances of a successful retirement.
About Your Retirement ?
Current Age
Retirement Age
Current Savings $
Annual Deposits $
Annual Withdrawals $
Stock market crash:
Portfolio ?
% in Stocks:
% in Bonds:
% in Cash:
Modify Stock Returns:
0%
Modify Bond Returns:
0%
Modify Cash Returns:
0%
Modify Inflation:
0%
How much money do I need to retire?

This retirement calculator runs simulations based on past data from the S&P 500, 10 Year Treasury Bond, 3 month T-Bill, and US inflation. For each year of each simulation, a random return and inflation amount is chosen.

How to use: Enter your current age and the age when you retire. Then enter your current savings, the amount that you can save annually before you retire, and the amount that you plan to withdraw after retirement. Your annual deposits and withdrawals take inflation into account. For example, if you need $50,000 to live on in retirement using today's dollars, we will automatically take into account the cost of living for your retirement years. The same is true for your annual deposits. Next, decide if you'd like to simulate a stock market crash.

In the portfolio section, choose the makeup of your portfolio with stocks, bonds, and cash. Cash assumes that your money is stored in a savings account. You can then alter the future returns and inflation. For example, if the market has historically returned about 10%, but you think the future will be worse, modify the stock returns by -3%, and the future returns will average out to 7%. Investment fees can also lower stock market returns. Many index funds and ETFs offer extremely low fees and expenses.

Many people receive income in retirement, such as social security, pension plans, part time jobs, annuities, and other benefits. This would allow you to take out smaller distributions every year. Please note that taxes must also be considered, but are not used in this simulation. A 401k, Roth IRA, and Traditional IRA are taxed differently than a standard investment account, as are dividends.

Note: This assumes that the future is at least somewhat like the past. In reality, anything could happen. The Soviet Union collapsed, Japan's Nikkei Index is still well below its 1989 peak. Numerous other markets have changed drastically and never recovered. However, this online tool is helpful in retirement planning and estimating how much you might need for retirement, especially those hoping to retire early. We recommend receiving advice from a financial planner.

Want to retire with $660,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.1%
1 years$54,502$54,017$53,543$53,081$52,629$51,108
2 years$26,981$26,479$25,992$25,520$25,062$23,541
3 years$17,809$17,304$16,818$16,351$15,900$14,428
4 years$13,224$12,720$12,239$11,780$11,340$9,928
5 years$10,473$9,973$9,498$9,048$8,621$7,272
6 years$8,640$8,144$7,676$7,236$6,821$5,537
7 years$7,331$6,839$6,379$5,949$5,547$4,328
8 years$6,350$5,862$5,410$4,990$4,602$3,447
9 years$5,587$5,104$4,659$4,251$3,876$2,783
10 years$4,977$4,499$4,062$3,664$3,302$2,271
11 years$4,479$4,005$3,576$3,189$2,840$1,869
12 years$4,064$3,595$3,174$2,797$2,461$1,547
13 years$3,713$3,249$2,836$2,469$2,146$1,288
14 years$3,412$2,953$2,548$2,192$1,881$1,077
15 years$3,152$2,698$2,300$1,955$1,656$903
16 years$2,924$2,475$2,086$1,750$1,464$760
17 years$2,723$2,279$1,898$1,573$1,298$641
18 years$2,545$2,106$1,732$1,417$1,154$541
19 years$2,386$1,952$1,586$1,281$1,029$458
20 years$2,243$1,814$1,456$1,160$919$388
21 years$2,114$1,690$1,339$1,053$822$330
22 years$1,996$1,577$1,234$957$737$280
23 years$1,889$1,475$1,139$872$662$238
24 years$1,792$1,382$1,054$795$595$202
25 years$1,702$1,297$976$726$535$172
26 years$1,619$1,219$905$664$482$147
27 years$1,542$1,147$840$608$435$125
28 years$1,471$1,081$781$557$392$106
29 years$1,405$1,020$727$511$354$91
30 years$1,343$963$677$469$320$77
31 years$1,286$910$631$430$289$66
32 years$1,232$861$589$395$262$56
33 years$1,182$816$550$364$237$48
34 years$1,135$773$514$335$214$41
35 years$1,090$733$480$308$194$35
36 years$1,048$696$449$284$176$30
37 years$1,009$661$421$261$159$25
38 years$971$628$394$241$145$22
39 years$936$597$369$222$131$19
40 years$902$568$346$205$119$16
41 years$871$541$324$189$108$14
42 years$840$515$304$174$98$12
43 years$812$491$286$161$89$10
44 years$784$468$268$149$81$8
45 years$758$446$252$137$73$7
46 years$733$426$236$127$66$6
47 years$710$406$222$117$60$5
48 years$687$388$209$108$55$4
49 years$665$370$196$100$50$4
50 years$644$354$184$93$45$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $660,000, adding $3,309 every year, while hoping to spend $22,622 every year in retirement. These numbers increase with inflation.
Reality usually performs much different than the expected returns. This uses historical averages, but anything can happen. In general, riskier investments have greater returns on average, but more volatility in the short term.
Age Total: 100% Stocks Total: 100% Bonds Total: 100% Cash Total: 38/46/16 Blend
29$660,000$660,000$660,000$660,000
30$730,733$695,753$685,523$754,861
31$781,198$705,776$684,419$782,479
32$836,053$715,531$682,519$809,894
33$895,720$724,982$679,773$839,039
34$960,667$734,089$676,129$870,082
35$1,031,406$742,811$671,531$903,208
36$1,108,503$751,102$665,920$938,623
37$1,192,578$758,913$659,236$976,554
38$1,284,315$766,194$651,414$1,017,250
39$1,384,467$772,890$642,389$1,060,992
40$1,493,863$778,942$632,090$1,108,084
41$1,613,416$784,288$620,443$1,158,869
42$1,744,129$788,863$607,372$1,213,721
43$1,887,108$792,595$592,797$1,273,057
44$2,043,570$795,410$576,634$1,337,336
45$2,214,858$797,228$558,794$1,407,068
46$2,402,446$797,965$539,186$1,482,813
47$2,607,961$797,531$517,714$1,565,195
48$2,833,193$795,830$494,278$1,654,900
49$3,080,114$792,761$468,772$1,752,688
50$3,350,896$788,217$441,086$1,859,398
51$3,647,931$782,084$411,106$1,975,958
52$3,973,854$774,240$378,712$2,103,394
53$4,331,567$764,557$343,779$2,242,838
54$4,724,267$752,900$306,175$2,395,542
55$5,155,474$739,124$265,764$2,562,888
56$5,629,069$723,078$222,403$2,746,403
57$6,149,324$704,598$175,944$2,947,775
58$6,720,947$683,515$126,230$3,168,867
59$7,349,123$659,648$73,099$3,411,737
60$8,039,567$632,804$16,381$3,678,655
61$8,798,573$602,781$0$3,972,132
62$9,633,074$569,364$0$4,302,474
63$10,550,712$532,327$0$4,668,676
64$11,559,903$491,430$0$5,071,349
65$12,669,922$446,419$0$5,514,252
66$13,890,986$397,026$0$6,001,536
67$15,234,354$342,967$0$6,537,778
68$16,712,430$283,944$0$7,128,027
69$18,338,881$219,641$0$7,777,855
70$20,128,766$149,722$0$8,493,406
71$22,098,678$73,837$0$9,281,458
72$24,266,900$0$0$10,149,486
73$26,653,576$0$0$11,109,984
74$29,280,904$0$0$12,208,583
75$32,173,342$0$0$13,418,148
76$35,357,841$0$0$14,749,964
77$38,864,098$0$0$16,216,464
78$42,724,835$0$0$17,831,351
79$46,976,111$0$0$19,609,722
80$51,657,656$0$0$21,568,214
81$56,813,254$0$0$23,725,157
82$62,491,148$0$0$26,100,755
83$68,744,501$0$0$28,717,265
84$75,631,891$0$0$31,599,218
85$83,217,872$0$0$34,773,643
86$91,573,576$0$0$38,270,326
87$100,777,388$0$0$42,122,088
88$110,915,683$0$0$46,365,097
89$122,083,642$0$0$51,039,210
90$134,386,152$0$0$56,188,346
91$147,938,792$0$0$61,860,903
92$162,868,926$0$0$68,110,213
93$179,316,907$0$0$74,995,047
94$197,437,395$0$0$82,580,168
95$217,400,823$0$0$90,936,943
96$239,395,002$0$0$100,144,018
97$263,626,895$0$0$110,288,057
98$290,324,570$0$0$121,464,563
99$319,739,351$0$0$133,778,776
100$352,148,193$0$0$147,346,672